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We probably don't disagree about what gambling is but there are ways to distinguish it from investment. I accept that the term has been diluted in general use though. Foolishly I set out to simplify the terms.
You invest in something to profit from affecting an outcome.
You bet on something to profit from predicting the outcome.
Airhead
You missed out leverage in terms of shitting in the pond.
The recent fiscal event in the UK exposed how poorly a regulated pensions industry hedged financial risk.